Leniency Programs and Cartel Organization of Multiproduct Firms

2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Emilie Dargaud ◽  
Armel Jacques

AbstractWhen multi-product firms make simultaneous price-fixing agreements in different markets, they may compartmentalize these agreements by having different individuals manage them so as to avoid the contagion of antitrust authority investigations. Leniency programs can overcome this strategy but may also lead to procollusive effects for centralized firms. The introduction of US amnesty plus programs can have different competitive effects, and leniency programs may modify firms’ choice of internal structure.

2020 ◽  
Vol 1 (4) ◽  
pp. 38-55
Author(s):  
Ksenia V. Tarkhova ◽  
Vladislav I. Alifirov ◽  
Olga N. Gorokhova

The article includes a comprehensive analysis of changes that have been taking place in Russian antitrust enforcement in response to the digitalization of the economy. Digitalization has led to increase of the role of information and digital platforms in day-to-day business activities of the market players. Digitalization vanished geographical boundaries of the digital markets and modified market structures in general. Innovative technologies, big data, and intellectual property have become the key drivers of economic growth. The authors analyze new violations of antimonopoly legislation in the digital era (in particular collusive tendering using auction robots), the anticompetitive effects resulting from the use of pricing algorithms, and the first approaches of the antitrust authority to regulations of the algorithmic pricing. In addition, within the framework of this article, the first legal positions of the antitrust authority regarding the use of pricing algorithms, as well as the new approaches of the regulator to the analysis of digital markets in merger control are considered, taking into account such factors as network effects, big data and technologies. Moreover, the authors analyze the first practice of using the technology transfer as a remedy in merger control by the antitrust authority to mitigate anti-competitive effects of the transactions planned in the Russian market. Finally, the authors conduct an overview of the new legal provisions governing the mandatory pre-installation of applications by Russian developers, and also describe the background for this initiative. When considering the above topics, the authors deeply analyze the relevant Russian and foreign legislation, draft laws, and the law enforcement practice of the Federal Antimonopoly Service. New approaches of the regulator to the analysis of digital markets in the framework of antitrust investigations and merger control, as well as automation of the processes of detecting antitrust violations, demand more attention from market players. Companies are encouraged to take these trends into account in their business activities, reflect them in antitrust compliance programs, as well as implement additional measures to prevent potential antitrust violations in digital markets, in particular, committed with the use of pricing algorithms.


2014 ◽  
pp. 62-85
Author(s):  
N. Pavlova ◽  
A. Shastitko

The article focuses on the effects of leniency programs when the antitrust authority is capable of making errors in classifying agreements between competitors. The research confirms that the application of the program can impede the growth of social welfare by destroying and preventing horizontal cooperation agreements. The obtained results can help explain the peculiar properties of the cases that have been investigated with the use of the leniency program in Russia.


Author(s):  
H.W. Deckman ◽  
B.F. Flannery ◽  
J.H. Dunsmuir ◽  
K.D' Amico

We have developed a new X-ray microscope which produces complete three dimensional images of samples. The microscope operates by performing X-ray tomography with unprecedented resolution. Tomography is a non-invasive imaging technique that creates maps of the internal structure of samples from measurement of the attenuation of penetrating radiation. As conventionally practiced in medical Computed Tomography (CT), radiologists produce maps of bone and tissue structure in several planar sections that reveal features with 1mm resolution and 1% contrast. Microtomography extends the capability of CT in several ways. First, the resolution which approaches one micron, is one thousand times higher than that of the medical CT. Second, our approach acquires and analyses the data in a panoramic imaging format that directly produces three-dimensional maps in a series of contiguous stacked planes. Typical maps available today consist of three hundred planar sections each containing 512x512 pixels. Finally, and perhaps of most import scientifically, microtomography using a synchrotron X-ray source, allows us to generate maps of individual element.


Author(s):  
Leo Barish

Although most of the wool used today consists of fine, unmedullated down-type fibers, a great deal of coarse wool is used for carpets, tweeds, industrial fabrics, etc. Besides the obvious diameter difference, coarse wool fibers are often medullated.Medullation may be easily observed using bright field light microscopy. Fig. 1A shows a typical fine diameter nonmedullated wool fiber, Fig. IB illustrates a coarse fiber with a large medulla. The opacity of the medulla is due to the inability of the mounting media to penetrate to the center of the fiber leaving air pockets. Fig. 1C shows an even thicker fiber with a very large medulla and with very thin skin. This type of wool is called “Kemp”, is shed annually or more often, and corresponds to guard hair in fur-bearing animals.


2003 ◽  
Vol 34 (4) ◽  
pp. 219-226 ◽  
Author(s):  
Bart Duriez ◽  
Claudia Appel ◽  
Dirk Hutsebaut

Abstract: Recently, Duriez, Fontaine and Hutsebaut (2000) and Fontaine, Duriez, Luyten and Hutsebaut (2003) constructed the Post-Critical Belief Scale in order to measure the two religiosity dimensions along which Wulff (1991 , 1997 ) summarized the various possible approaches to religion: Exclusion vs. Inclusion of Transcendence and Literal vs. Symbolic. In the present article, the German version of this scale is presented. Results obtained in a heterogeneous German sample (N = 216) suggest that the internal structure of the German version fits the internal structure of the original Dutch version. Moreover, the observed relation between the Literal vs. Symbolic dimension and racism, which was in line with previous studies ( Duriez, in press ), supports the external validity of the German version.


2012 ◽  
Vol 28 (1) ◽  
pp. 25-31 ◽  
Author(s):  
Paula Elosua ◽  
Alicia López-Jáuregui

In this study the Eating Disorder Inventory-3 was adapted to Spanish and analyzed the internal psychometric properties of the test in a clinical sample of females with eating disorders. The results showed a high internal consistency of the scores as well as high temporal stability. The factor structure of the scale composites was analyzed using confirmatory factor analysis. The results supported the existence of a second-order structure beyond the psychological composites. The second-order factor showed high correlation with the factor related to eating disorders. Overall, the Spanish version of the EDI-3 showed good psychometric qualities in terms of internal consistency, temporal stability and internal structure.


Sign in / Sign up

Export Citation Format

Share Document